Re: IS there any benefit to upgrading to a Business Account?
I upgrade accounts to business accounts when I can tell the amount of money going into pp account might reach the threshold to get flagged, which I have found to be an amount greater than $2000 in one month. When pp decides that you will likely make more than the $20,000 that year, your account becomes limited until you add the EIN. If I add the EIN ahead of time and change to a business account, the limitation is avoided and things keep running smoothly when the earnings reach in the thousands a month. Usually I will need to do this after about the first month or two.
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